Social Stock Tracker Remains Stable

Angie's List boomed after its earnings report, then fizzled out

During the past few weeks, the Social Stock Tracker has seen little volatility. This has been the case despite the release of earnings reports from Zynga (NASDAQ:ZNGA), Groupon (NASDAQ:GRPN) and LinkedIn (NYSE:LNKD).

And last week, the Social Stock Tracker continued to be fairly sedate.

Angie’s List (NASDAQ:ANGI) announced its first earnings report as a public company. Revenues spiked by 70%, beating the Street estimate of $27.4 million, and the paid member base increased by 78% to 1,074,757. In fact, the company is getting leverage from its economies of scale — during the past year, the average customer acquisition cost fell from $60 to $51.

While the stock of Angie’s List hit $17.13 on the news — gaining more than 7% on the day — there was not much conviction on the trade. By Friday’s close, ANGI shares were back down to $15.61.

Based in Silicon Valley, Tom Taulli is in the heart of IPO land. On a regular basis, he talks with many of the top tech CEOs and founders trying to find the next hot deals and finding out which start-ups are stinkers.

A long-time follower of the IPO scene, back in 1999 Tom started one of the first sites in the space called WebIPO. It was a place where investors got research as well as access to deals for the dot-com boom. Tom also wrote the top-selling book, Investing in IPOs. In it, he covers all the aspects of analyzing an IPO, such as reading the prospectus, detecting the risk factors and understanding some of the arcane regulations. But don’t worry — if that process is too intimidating for you, thankfully Tom will do the legwork for you right here in the IPO Playbook blog.

Tom is routinely quoted in the media about upcoming deals with his interviews on CNBC and Bloomberg TV, but he is eager to take your questions too. You can message him on Twitter at @ttaulli. And feel free to weigh in via the comments section on any of his IPO Playbook posts.